John H. Marlow - Oct 12, 2021 Form 4 Insider Report for RingCentral, Inc. (RNG)

Signature
/s/ Bruce Johnson, Attorney-in-fact
Stock symbol
RNG
Transactions as of
Oct 12, 2021
Transactions value $
-$711,845
Form type
4
Date filed
10/14/2021, 04:45 PM
Previous filing
Sep 13, 2021
Next filing
Oct 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Conversion of derivative security $0 +2.5K +1.33% $0.00 190K Oct 12, 2021 Direct F1
transaction RNG Class A Common Stock Sale -$335K -1.5K -0.79% $223.56* 189K Oct 12, 2021 Direct F2, F3
transaction RNG Class A Common Stock Sale -$44.9K -200 -0.11% $224.64* 188K Oct 12, 2021 Direct F2, F4
transaction RNG Class A Common Stock Sale -$136K -600 -0.32% $225.96* 188K Oct 12, 2021 Direct F2, F5
transaction RNG Class A Common Stock Sale -$45.3K -200 -0.11% $226.68* 188K Oct 12, 2021 Direct F2, F6
transaction RNG Class A Common Stock Conversion of derivative security $0 +420 +3.48% $0.00 12.5K Oct 12, 2021 By Trust F1, F7
transaction RNG Class A Common Stock Sale -$49.2K -220 -1.76% $223.57* 12.3K Oct 12, 2021 By Trust F7, F8, F9
transaction RNG Class A Common Stock Sale -$45.2K -200 -1.63% $225.93* 12.1K Oct 12, 2021 By Trust F7, F8, F10
transaction RNG Class A Common Stock Conversion of derivative security $0 +250 +3.13% $0.00 8.25K Oct 12, 2021 By Trusts F1, F11
transaction RNG Class A Common Stock Sale -$11.2K -50 -0.61% $223.67* 8.2K Oct 12, 2021 By Trusts F8, F11
transaction RNG Class A Common Stock Sale -$45.1K -200 -2.44% $225.55* 8K Oct 12, 2021 By Trusts F8, F11, F12

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RNG Class B Common Stock Conversion of derivative security $0 -2.5K -0.98% $0.00 253K Oct 12, 2021 Class A Common Stock 2.5K Direct F1, F13
transaction RNG Class B Common Stock Conversion of derivative security $0 -420 -4.81% $0.00 8.32K Oct 12, 2021 Class A Common Stock 420 By Trust F1, F7, F13
transaction RNG Class B Common Stock Conversion of derivative security $0 -250 -5.21% $0.00 4.55K Oct 12, 2021 Class A Common Stock 250 By Trusts F1, F11, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
F2 These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 14, 2021.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.07 to $224.05, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) through (6), (8), (10) and (12) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $224.28 to $225.00, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.38 to $226.24, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.52 to $226.83, inclusive.
F7 Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
F8 These sales were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person on December 14, 2020.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.31 to $223.825, inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.77 to $226.09, inclusive.
F11 Shares held in trusts for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of these trusts.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.40 to $225.69, inclusive.
F13 Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock held by a shareholder will convert automatically into one share of Class A Common Stock upon (i) any transfer of such share (subject to certain exceptions), or (ii) the occurrence of certain other specific instances, including the vote of the holders of the Class B Common Stock, as set forth in the issuer's Amended and Restated Certificate of Incorporation.